Cyprus is intensifying legal actions against realtors and developers who illegally sell Greek Cypriot properties in the breakaway north, with four current cases highlighting the issue.
Property RightsCyprusIllegal Property SalesPeace TalksReal EstateReal EstateMay 16, 2025
The main issue is the illegal sale and possession of Greek Cypriot properties in the breakaway north of Cyprus, which has been a contentious point in peace talks and legal proceedings.
Four individuals, including a Ukrainian man, a German national, and two Israelis, are being prosecuted for charges such as illegally advertising the sale of Greek Cypriot property and illegal possession.
The legal actions could complicate future peace talks and have a chilling effect on foreign buyers, making them more reluctant to get involved in the property market in the north.
Turkish Cypriot leaders view the prosecutions as a hostile act aimed at undermining their economic development and have warned of a response.
The Greek Cypriot government, led by President Nikos Christodoulides, emphasizes that the prosecutions are a message to those involved in the illegal sale of Greek Cypriot properties, affirming the right to property as an individual matter.
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